There are a few notable mentions for Alaska’s 2020 salmon fishery. ; Seabass, bream prices dip, Russian Fishery, PCA court showdown over MSC pollock exclusion pushed back, Young’s hires long-time Seachill sales director with strong Tesco ties, UK seafood heavyweights fight for Tesco shrimp, whitefish contracts, COVID-19 recap, Nov. 25: China shrimp imports depressed, but German salmon consumption booms, Trade insights: 100,000t cut from China’s shrimp imports since COVID-19 scare, Global farmed, wild whitefish production set for rebound after 2020 drop, COVID-19 recap, Nov. 24: Alaska processors’ woes; Cooke UK’s dip; Premier’s pain. On top of that, Wink said the strength of the U.S. dollar could hurt Alaska fishermen in export markets and lower prices for farmed salmon worldwide aren’t likely to help either. Food Size Price; Aussie-tizers: Bloomin’ Onion: $8.99: Aussie Cheese Fries Regular: Regular: … The price is also NOK 16.73 per kg higher than in the same week last year. The index has prices increasing by 2.6% week-on-week, to NOK 42.49 ($4.68) per kilogram. You're missing out. Norwegian farmed salmon. Salmon prices are likely to remain high in 2020 because of low volume growth, an industry analyst has told delegates attending the North Atlantic Seafood Forum in Bergen this week. Vessels in Cordova Harbor. We use MailChimp as our email campaign platform. Meanwhile, Fish Pool has prices for week 45 lifting 1.1% to NOK 42.80/kg, or €3.90/kg. Spot prices for Norwegian farmed salmon rose marginally in week 45 of 2020, according to the NASDAQ Salmon Index. Nystøyl also believes it is difficult to estimate how the coronavirus will affect consumer demand. We use cookies for performance, security and analytics. Fax: +47 55 54 13 01, Publisher: Gustav-Erik Blaalid Nearly 75 percent of the value of Alaska’s salmon exports is driven by sales between July and October. Join the global community relying on Undercurrent News for quality reporting. Box 115526 1255 W. 8th Street Juneau, AK 99811-5526 Office Locations Spot prices for Norwegian farmed salmon rose marginally in week 45 of 2020, according to the NASDAQ Salmon Index. Land-based salmon farming: threat or supplement in the long-term? Export volumes were stable from the prior week, at 21,382 metric tons. The panel is representative of the total export out of Norway, NASDAQ says. Please check your inbox to reset your password securely and easily. Salmon prices are likely to remain high in 2020 because of low volume growth, an industry analyst has told delegates attending the North Atlantic Seafood Forum in Bergen this week. privacy policy and terms. E-mail: [email protected]. On top of that, Wink said the strength of the U.S. dollar could hurt Alaska fishermen in export markets and lower prices for farmed salmon worldwide aren’t likely to help either. Ex-Vessel Price by Processor: 2018 - 2019 - 2020 (as of 11/11/2020, compiled by BBFA) Selected Market Prices: PDF (updated October 2020) Global Sockeye Supply: PDF (updated September 2020) *see Tradex Foods 8/3/20 video for update on 2020 harvest - LINK *ASMI Alaska Salmon 2020 Harvest Updates - LINK. Sign up to our newsletter, Processors' lackluster ops beyond Bristol Bay seen as driver of low 2020 salmon price, Trade insights: 100,000t cut from China's shrimp imports since COVID-19 scare, Moroccan octopus prices rise further; Mexican season worst in ten years, Ecuadorian tuna fleet makes final push for MSC certification. The Fish Pool Price Status Report, meanwhile, presents export volume of fresh, gutted salmon of all sizes, both head-on and head-off (not fillets or frozen export). There has been a 2% fall in total over the past four weeks. Box 115526 1255 W. 8th Street Juneau, AK 99811-5526 Office Locations All rights reserved. Despite the Chinese market being much reduced, the spot price of salmon has risen in the last two weeks. According to Norwegian statistics organisation Akvafakta, the salmon price rose by NOK 6.14 (£0.51) per kg last week (Week 9) and ended at NOK 73.48 per kg, the highest Week 9 price in modern aquaculture history. NASDAQ Salmon Index Week 47/2020 The NASDAQ Salmon Index (NQSALMON) is the weighted average of weekly reported sales prices and corresponding volumes in fresh Atlantic Superior Salmon, head on gutted (HOG), reported to Nasdaq Copenhagen, BMR Administrator by a panel of Norwegian salmon exporters and salmon producers with export license. The average price so far this year is NOK 72.11 per kg compared to 57.55 NOK per kg at the same time in 2019.
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